Casa Cruz London Limited

Casa Cruz London Ltd, based in London UK, is a small holding company with an active status, having been founded eleven years ago in 2014. The company employs 49 people and holds £275,311 in assets. It has a real address, is overseen by two directors and one owner, and boasts a respectable Google rating of 4.0 based on 426 reviews. The company is an irregular importer, primarily dealing in drinks, alcohol, and vinegar, with recent import activity recorded just two months ago.

The company operates as an Argentinian restaurant, as evidenced by its website. The site, while simple, focuses on reservations and events, suggesting a dine-in experience rather than e-commerce. It’s clear that the business is focused on providing a high-end dining experience, with no online ordering or delivery options currently available.

Financially, Casa Cruz London Ltd presents a mixed picture. While cash bank on hand increased by 19% to £13,000, current assets only saw a slight increase of 0.52% to £280,000. More concerning is the significant drop in equity, which plummeted 5600% to -£720,000. Bank borrowings decreased by 34% to £19,000, and creditors saw a substantial decline of 46% to £150,000. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, so the financial statements are unaudited.

The sharp drop in equity suggests the company may be burning through cash, despite the decrease in creditors. This could be due to increased operating expenses or a slowdown in sales. The decrease in bank borrowings is a positive sign, but the company will need to carefully manage its cash flow to avoid financial difficulties.

Registered in England/Wales under the registration number 08908956, with a registered address at W11 4JG, London, 123a Clarendon Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.